New York, February 11, 2025 – In an effort to strengthen sustainable finance in Latin America and the Caribbean (LAC), the UNDP Regional Bureau for Latin America and the Caribbean, in partnership with CAF – Development Bank of Latin America and the Caribbean and the Permanent Mission of Uruguay to the UN, organized the event "Resource Mobilization and Innovative Finance: Advancing Sustainable Bond Markets through Strategic Partnerships in LAC" at the United Nations headquarters.

The event, part of a series of dialogues leading up to the 4th Conference on Financing for Development in Seville, Spain, brought together representatives from investment banks, multilateral organizations, and private sector leaders to discuss the role of sustainable bonds in financing high-impact climate, social, and economic solutions.

A Financial Sector Ready for Sustainable Development

One of the key takeaways from the discussion was that the financial sector is prepared to play a crucial role in mobilizing resources for sustainable development in the region. The conversation highlighted the growing interest in sustainable bonds—such as blue bonds, biodiversity bonds, and social inclusion bonds—as well as in blended finance schemes that combine public and private capital to reduce risks and attract greater investment.

Experts at the event emphasized that the development of new financial mechanisms could be a turning point for the region. Collaboration between development banks, UN agencies, and the private sector is essential to strengthening market credibility and scaling impact.

Alignment with National Priorities and the 2030 Agenda

Another central point of the debate was the need to align these financial instruments with each country’s development priorities, ensuring long-term investments that advance the 2030 Agenda.

The event made it clear that private sector interest in sustainable finance is at an all-time high, and the opportunities to boost development in Latin America and the Caribbean through sustainable finance have never been greater.

More information on the Resource Mobilization and Innovative Finance event is available on the CAF website.